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Property profile & analytics
FOR LEASE
Strip malls
12911 Cantrell Rd, Little Rock, AR 72223
Entity Owned
Absentee Owner
Free & Clear
Property ID
US05-0452087
For Lease
1 / 11
$22 SF/Yr
12911 Cantrell Rd, Little Rock, AR 72223
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Property summary
AI-generated overview
The Centre at Ten, located at 12911 Cantrell Rd in Little Rock, Arkansas (zip code 72223), offers exceptional retail and restaurant space totaling 60,000 square feet. This multi-tenant property boasts a prime location in West Little Rock, providing excellent visibility and convenient access to Cantrell Road/Highway 10 via a traffic light at Sam Peck Road. The property benefits from its strategic placement within a thriving commercial area, anchored by established and successful businesses such as Sherwin-Williams, Starbucks, and Los Cabos. This ensures high foot traffic and a strong customer base for potential tenants. The Centre at Ten presents a unique opportunity for businesses seeking a prominent location in a high-demand area of Pulaski County. The available space is ideal for a variety of retail and restaurant concepts, offering the potential for significant growth and success. Interested parties are encouraged to inquire about available space and lease terms. This property is situated at 34.7972653 latitude and -92.4161237 longitude.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
39,060 SF
Lot
4.79 ac (208,652 SF)
APN
43L-015-00-009-01
UPID
US05-0452087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sunlimited Wellness Day Spa Alternative Medicine Practice Spa & Massage Center
-
Saffron Indian Cuisine Restaurant
-
Swank Tow Truck Service Beauty Supply Store (Bike/Boat/Book/etc) Store Cosmetic Store
-
Dr. Traci Kiernan Alternative Medicine Practice
-
Chad Dawson Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.83M
Owner & transaction history
CENTRE TEN LLC
CENTRE TEN LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.3M
+22.8%
Retail stores
$6.0M
+16.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Little Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little Rock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,100,000
Current use
OFFICE BUILDING
$6,265,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$5,965,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,475,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.83M
Range $3.44M – $4.21M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$74,074
Tax year 2024
Assessed value
$1,058,200
Assessed 2024
Previous assessed
$1,058,200
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$456,948
Assessed improvement
$601,252
Land market value
$2,284,740
Improvement market value
$3,006,260
Total market value
$5,291,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2005
Heating
NONE
Cooling
NONE
Stories
1
Total area
39,060 SF
Lot
4.79 ac (208,652 SF)
APN
43L-015-00-009-01
UPID
US05-0452087
Jurisdiction
PULASKI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.1M
OFFICE BUILDING
Est. value
$6.3M
RETAIL STORES
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.79 ac
Current owner
From public records · entity-resolved
CENTRE TEN LLC
Entity
Free & Clear · 0 yrs held
Mailing address
18 PO BOX 8811TH DR STE #207, LITTLE ROCK, AR 72231-8811
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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